Crypto and Wall Street’s Costliest Year? SEC Announces Record $8.2 Billion in Fines and Penalties

The U.S. Securities and Exchange Commission (SEC) announced a record $8.2 billion in fines and penalties for fiscal year 2024, its highest ever, just as Chairman Gary Gensler prepares to depart the agency in January 2025.  This record sum revealed in the SEC’s Nov. 22 annual report, highlighted an aggressive enforcement strategy under Gensler’s leadership. Over half stems from a single $4.47... source: https://news.shib.io/2024/11/25/crypto-and-wall-streets-costliest-year-sec-announces-record-8-2-billion-in-fines-and-penalties/?utm_source=rss&utm_medium=rss&utm_campaign=crypto-and-wall-streets-costliest-year-sec-announces-record-8-2-billion-in-fines-and-penalties